TheImpact of Psychological Capital on the Operational Performance of Firms
Abstract
The aim of this study is to examine the impact of psychological capital on the operational performance of firmsduring 2008 to 2014. So, the components of psychological capital, including self-confidence, hope, optimism and resilience, and their impact on the operational performance of the subsidiary firms of Parsian Bank were studied. The results obtained from regression analysis of the firms’ data, at the confidence level of .95 and usingthepanel model with fixed effects, suggest that the components of psychological capital have a direct influence on the operational performanceof the subsidiary firms of Parsian Bank.
Keywords
Full Text:
PDFReferences
Carolyn MY, Luthans F, (2007) Positive Organizational Behavior in the Workplace: The Impact of Hope, Optimism, and Resilience. Journal of Management 33:5
Donaldson, S. I., &Ko, I. (2010). Positive organizational psychology, behavior, and scholarship: A review of the emerging literature and evidence base. Journal of Positive Psychology, 5, 171-199.
Fathi, S., khodadhosseni, S.H &Alahi, Sh. (2008). The relationship between IT and the business model: Meta-analysis of the factors measure the efficiency architecture. Journal of Commerce.122-130.
Hodges,T.D (2010)An Experimental Study of the impact of psychological capital on performance, engagement, and the contagion effect.Dissertations and Theses from the College of Business Administration.University of Nebraska - Lincoln
Levine, R. (2005) Finance and growth: Theory and evidence, In Handbook of Economic Growth; Eds by P. Aghion and S. Durlauf, Amsterdam: North- Holland Elsevier Publisher.
Liang, M., Jigang , K. )2015(.Attitudes of students and accounting practitioners concerning the ethical acceptability of earnings management. Journal of Business Ethics,19,232-288
Luthans F. (2002b). Positive organizational behavior: Developing and managing psychological
strengths. Academy of Management Executive, 16, 57–72.
Luthans F, Youssef CM. (2004). Human, social, and now positive psychological capital manage-ment. Organizational Dynamics, 33, 143–160.
Luthans F, Avey JB, Avolio BJ, Norman S, Combs G. (2006). Psychological capital development: Toward a micro-intervention. Journal of Organizational Behavior, 27, 387–393.
Luthans F, Avolio B, Avey, J.B, Norman S.M (2007) Positive Psychological Capital: Measurement and Relationship with Performance and Satisfaction. Personnel Psychology 60, pp. 541–572
Luthans, F., Avey, J.B., &Patera, J.L. (2008). Experimental analysis of a web-based training
intervention to develop positive psychological capital. Academy of Management Learning and Education, 7, 209-221.
Nourvash, A., &Heidari, M. (2004). Assessing the operational performance of the firms listed in Tehran Stock Exchange with CVA modeland examining the relation of this model with stock returns.Iranian Accounting and Auditing Review, 38, 121-147.
Norouzi, A., Rezaee, A., &Hosseini, A. (2015).The impact of organizational climate on the organizational performance of the municipality employees.Journal of management knowledge, 42, 61-74.
Nourvash, A., &Mashayekhi, B. (2004). The effectiveness of the value added in predicting the accounting profit of the manufacturing firms listed in Tehran stock Exchange during 1995-2001. Iranian Accounting and Auditing Review, 36, 95-108.
Nourvash, A., Salehi, F., &Karami, Q. (2004). Examining the relation between operational cash flows, operational profit, and economic value added with the wealth generated for stakeholders. Iranian Accounting and Auditing Review,37, 121-146.
Yaghoubi, M., &Mahmoudzade, A. (2014).The impact of the management type, free cash flows, and diversification strategy on the firms’ performance.MA thesis, Islamic Azad University, Shahroud branch.
Youssef C.M, Luthans F, (2007) Positive Organizational Behavior in the Workplace:The Impact of Hope, Optimism, and Resilience. Journal of Management 33:5, pp. 774-800
Refbacks
Copyright (c) 2016 Journal of Progressive Research in Social Sciences
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Copyright © 2014 Journal of Progressive Research in Social Sciences. All rights reserved.
ISSN: 2395-6283.
For any help/support contact us at editorial@scitecresearch.com, jprsseditor@scitecresearch.com.